Arvind Ltd
ARVIND

390.45

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

391.10

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

392.05

Open ()
Open Interest
(Contracts)
VWAP ()
Day's Vol
(shares)
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Buy
Reco. Price
Rs 391.00
We recommend BUY as we expect top-line to grow at 12% CAGR over FY16-18E. Better brand positioning, favourable business mix and capacity expansion in garment segment will aid increase in B2C share in revenue. The stock is trading at an attractive valuation of 12.9x PE on FY18E earnings. (Target Price- Rs. 432)
Detailed View
50 DMA (.)
379.94
100 DMA (.)
368.23
200 DMA (.)
347.65
Weekly Range (.)
381.50
412.75
Monthly Range (.)
371.35
414.80
52 Weeks Range (.)
257.05
423.90
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